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Banking

Blog
What Is Phone-Centric Identity?

Phone-Centric Identity™, also known as Mobile Identity, Device Intelligence, or Phone Intelligence, refers to technology that leverages and analyzes mobile, telecom, and other signals for the purposes of identity verification, identity authentication, and fraud prevention.

Brad Rosenfeld
August 1, 2024
Blog
Credit and load application fraud
Blog
What Does the Rise in Credit and Loan Application Fraud Mean for Banks?

Application fraud occurs when an applicant submits inaccurate information to a creditor, property manager, or any entity relying on personal data for customer approval.

Mary Ann Miller
December 20, 2023
Combating Crypto Fraud
Blog
Why Banks Must Fortify Identity-Proofing to Combat Crypto Fraud

Cryptocurrencies, originally hailed for their potential to revolutionize finance, have unfortunately become a breeding ground for a variety of scams.

Mary Ann Miller
November 15, 2023
AI in banking
Blog
Navigating the AI-Driven Future in Banking: Fraud, Digital Trust, and Identity Verification

Prove CEO, Rodger Desai, spoke about “Banks and AI: How to Get a Head Start Using Advanced Digital Identity" on a recent American Banker webinar.

Fitzwilliam Anderson
November 9, 2023
How to Fight Account Takeover Fraud with Trust Score+™
Blog
How to Fight Account Takeover Fraud with Trust Score+™

Firms have the power to protect consumers by investing in real-time phone signal technology that fortifies vulnerable One-Time Passwords (OTPs) and prevents Account Takeovers (ATOs).

Ken Huang
March 6, 2023
banking experience
Blog
Designing Delightful Banking Experiences

Design thinking emerged in response to rapidly changing consumer preferences under strong influence of technology companies getting into the financial sector.

Prove
March 1, 2023
E*TRADE
Blog
How E*TRADE from Morgan Stanley Leverages Diverse Signals to Drive Safer, Faster Customer Experiences

E*TRADE turned to Prove’s advanced identity authentication and verification solutions to enhance their ability to mitigate fraud while still providing fast, easy, and best-in-class experiences to their users.

Yuka Yoneda
February 1, 2023
amazonization for banking and finance
Blog
Amazonization: A Forest of Ideas for Banking and Finance

The notion of “Amazonization” describes the phenomenon of large-scale disruption that occurred in the retail domain following the aftermath of Amazon’s game-changing modus operandi.

Prove
January 9, 2023
AI in Banking & Finance
Blog
AI as an ’Asset’ for the Banking & Finance Industry

Just a few years ago, the very concept of AI used to paint a picture of a 'distant' future – one filled with robotic, life-like machines, working at light speed. If you still think like this, then we'd urge you to think again.

Prove
December 6, 2022
How to go passwordless
Blog
How to Go Passwordless with Prove Auth™

“Passwordless” is a buzzword that seems to be everywhere these days, but what are the actual steps that companies can take to reduce or eliminate their reliance on passwords?

Yuka Yoneda
September 7, 2022
MFA Bypass
Blog
What Is MFA Bypass Fraud?

MFA bypass occurs when fraudsters successfully avoid undergoing MFA authentication and can log in after completing just one single authentication step.

Fitzwilliam Anderson
September 1, 2022
Fortune magazine
Company News
FORTUNE | Prove CEO on How to Stay One Step Ahead of Fraudsters

Prove CEO Rodger Desai on FORTUNE Magazine.

Rodger-Desai
August 23, 2022